Williams Cos. (WMB) Tops Q1 EPS by 6c, Revenues Beat

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Williams Reports Strong First-Quarter Results and Record Volumes; Raises 2021 Guidance

May 3, 2021 4:15 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended March 31, 2021.

Results exceed expectations across all key metrics

Net income of $425 million, or $0.35 per diluted share (EPS) Adjusted EPS of $0.35 per diluted share up 35% from 1Q 2020 Cash flow from operations (CFFO) of $915 million up $128 million or 16% from 1Q 2020 Available funds from operations (AFFO) of $1.029 billion up $109 million or 12% from 1Q 2020 Adjusted EBITDA of $1.415 billion up $153 million or 12% from 1Q 2020; up 6% excluding favorable winter storm... More